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Search Results 0 to 27 of about 28 (some duplicates have been removed)
. minority leader mitch mcconnell called vice president biden in an effort to jump-start negotiations and there are reports of significant movement, giving some hope that some house republicans will go along with the deal. >> i do believe there are at least two dozen who would vote for the kind of agreement we're hearing about being put together in the senate. >> the vice president and i have worked together on solutions before and i believe we can again. >> there are some indications on how they're getting a little closer to an agreement. when it comes to income tax hikes "the washington post" reports that democrats counter offer sets the threshold at $450,000 a year for taxes to go up. republicans are looking for $550,000. democrats are no longer insisting on raising the estate tax on the very wealthy. they will now agree apparently to an up or down vote. that was key for republicans. still, both sides remain far apart on extending unemployment benefits and on the sequester. of course that is when the steep automatic spending cuts would slash budgets at the pentagon and other govern
progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >> we've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest stories of the year around the world, in crime, money, weather and even the biggestscandals and later this hour, those stories chosen by you. anchor of state of the union, candy crowley, with the top ten political stories of 2012. >>> like finding your favorite grain of sand on the beach. impossible number of p
" with all the updates to the fiscal cliff. all the coming and going, vice president biden heading to the hill, the negotiations. we're going over, folks, but we'll have it covered, fair, balanced and unafraid. >> trace: i'm trace gallagher in for shepard smith it looks like we will go over the fiscal cliff at midnight. economists have been warning us the combination of tax hikes and spending cuts could cause another recession. now, president obama and the senate republican leaders say they are close to a deal to prevent tax hikes on the middle class. the trouble is, the house has gone home and won't be voting on anything tonight. >> for now, our most immediate priority is to stop taxes going up for middle class families starting tomorrow. i think that is a modest goal that we can accomplish. >> we all want to protect taxpayers, and we can get it done now. right now. >> trace: officials tell fox news agreement would let tax cuts expire on $450,000 instead of the president's cut off $250,000. extend unemployment benefits for another year it does not include any new spending cuts. of
president joe biden. yep. that's right. joe biden is the latest person to be called on to try to get congress out of the straight jacket they've put themselves in. the vp and senate minority leader mitch mcconnell exchanged phone calls until midnight last night and again this morning, and appeared to be zeroing in on a tax rate compromise in the region of a $450,000 to $550,000 threshold. a higher rate than the president's earlier compromise as well as an agreement on the estate tax. sticking points remain. president obama seemed resigned to going over the cliff. >> if all else fails, if republicans do, in fact, decide to block it so that taxes on middle class families do, in fact, go up on january 1st, then on january 4th the first bill to be introduced on the floor will be to cut taxes on middle class families. >> and this morning former white house spokesman robert gibbs was even more blunt. >> the republicans simply can't utter the word yes. they cannot utter the word yes. i mean, i feel like it's -- i feel like you're talking to a 5-year-old, and, you know, you're saying, look,
, it will come down to those pesky details. vice president joe biden and senate minority leader mitch mcconnell the republican leader have been the key figures in these negotiations after talks stalled over the weekend between mcconnell and senate majority leader harry reid. mcconnell says he and the vice president spoke last night at 12:45, again at 6:30 this morning. mcconnell explained why he reached out to his former senate colleague mr. biden. >> i also placed a call to the vice president to see if he could help jump start the negotiations on his side. the vice president and i have worked together on solutions before, and i believe we can again. >> obviously we were watching to see what the senate does at this hour, what is said at this point i'm hearing it sound like 2:00 eastern time may be another critical time, when they may run by their members, the republicans and the democrats, the latest on those talks, and if there is a deal the details of the deal, jon. jon: we just had senate majority leader read making some remarks from the microphone, perhaps i'll get to word from the control
last night and is reaching out to vice president joe biden to kickstart negotiations with the white house at this point. the senator saying fail to go solved the crisis is simply not an option. >> the consequences of this are too high for american people to be engaged in a political messaging campaign. there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know i'm willing to get this done. but i need a dance partner. >> a dance partner. meanwhile democrats being led by senate majority leader harry reid who says he's cautiously optimistic about reaching a deal but warns there's not much more negotiating that can be done on his end. >> i don't have a counter offer to make. perhaps the day wears on, i will ble to. i will say that i think that the republican leader has shown good faith. it's just we're apart on pretty big issues. >> that was earlier. let's get the latest now because it's changing minute-by-minute. mike emanuel kicks off our fox team cover
're not able to make the counteroffer. >> that's joe biden, i believe. the house will meet at 9:00 a.m. for legislative business. i heard one rally as i was leaving and that was bring in rg3. i'm ready to bring in one other rookie. if you need an adoptive team, i suggest the redskins. those two rookies, unbelievable. >> i didn't stay up to watch the whole game. >> i did, in fact. exiting the stadium, wow, there -- i think these fans started tailgating at, like, 8:00 in the morning and i think they were tailgating, as they say, all day long. >> joe, you're bringing tears to my eyes. >> talking about rg3. >> oh, yeah. >> it was great. it was great. >> and i guess that's what it is. i hear people talking about john wheaton and -- >> comfortable in that fancy box you were in? >> i was very comfortable in that fancy box i was in. i was comfortable. >> do you want me to show you how comfortable i was? >> what have you got? right here, baby. redskins pajama pants. i was watching the game in these. >> john, thank you for not wearing those in today. >> i thought about wearing them on the bott
between harry reid and mitch mcconnel, and mcconnel sat down with the joe biden. maybe it is good cop and expect joe biden to be there to hammer out a deal between the two. >> this is what john thune has to say about republicans and what they want right now. >> republicans don't want to see new revenues and democrat tax increases used for new spending. that's where the members are trydrawing the line right now. senator bob corker is asking for specifics regarding the trillion in cuts that the president referred to on meet the press. and covering that from benghazi and on and on. >> and in your brew with david gregory you offered over one trillion and agreement with congress and avert the fiscal cliff. you are silent on the specifics. wrestling with the national's crisis help us to have a concrete plan and legislative language with you. >> it was interesting, very wide raging . there were not opportunities and he didn't get specifics when he talked about all of the things he's offered. at one point i offered so many changes and entitlements? i askscatched my head and wondered what chan
into his mother's head. the president has appointed vice president biden to come up with a task force to look of the issues. the president says that he promises real reforms now, but what are the odds on that? >> realistically, we can see a ban on assault weapons. whether that will address the problem, i do not think so. the problem is beyond the assault weapons. charles pointed out, in the post, there are some weapons out there now. there are thousands out there already in the community. >> and sales have gone up since this. >> that is all true but certainly we could do something about the size of these clips. having said that, we need to do something about our mental health system in this country. it is completely fallen apart. after the shootings at virginia tech, in the state of virginia, that appropriated $43 million more for mental health services. the next year, they cut it by $50 million. you cannot have a system that does not treat people. you cannot have a system that does not do something about committing people for -- more easily for periods of time to be able to treat the
in the hands of 70 and 80-year-olds who have jet lag it's probably not the best thing. >> could joe biden be the fix? he appears to be taking over for democrats after a counteroffer to prevent a big tax hike is met by silence. harry reid says democrats couldn't respond. >> there is still significant difference between the two sides but negotiations continue. there's still time left to reach an agreement and we intend to continue negotiations. >> i am willing to get this done but i need a dance partner. >> so the senate will try to work on this again later today and we are talking about something small here if anything a continuation of the busheir raw tax cuts for most americans and renewal of long-term unemployment benefits. but payroll taxes will probably go up tomorrow for everyone. that's a big hit for paychecks and sec quest tore automatic cuts would take place. the markets investors are skiddish not knowing what's going to happen as a result of the midnight deadline. back to you guys. >> thank you very much doug luzader live from washington. we will check back with you. time for a l
president biden and mitch mcconnell. there's some concern among democrats who have heard that the income threshold for tax rate increases may be going up to 400, 450, $500,000. a source familiar with the talks just phoned me to say the democrats are only considering that under a couple of conditions. one is that if the threshold goes up to that level, the top income tax rate would go all the way back up to the clinton era rate of 39.6%. not some mid point of 37% talked about a couple of weeks ago. secondly, that it would be accompanied by more revenue from the estate tax than is happening under current policy. remember, current policy is 35% tax on estates of $35 million or more. democrats are going to be insisting on somewhat more revenue than that, if not all the way up to the level in president obama's budget. finally, that an agreement would include a significant extension of unemployment benefits. remember, there are 2 million people who would lose about $300 a week if this fiscal cliff passes and there's no deal whatsoever. guys, back to you in d.c. >> all right. john harward, than
years ago for the president. joe biden is working on a plan and it will take a lot of blocking and tackling and it won't happen in a year. >> i think there is some possibility of keeping the guns out of the hand of mentally ill is some place you can find a compromise. an assault weapons ban is much harder especially as senator feinstein is going to impose a broader definition of what an assault weapon is. it was hard enough to get that through in '94, when the definition is pretty squirrelly. if you tighten that up, it will be nigh on impossible. >> o'donnell: president obama is going to have a big change in his cabinet, most likely, in 2013. if you look at the big four-- justice department, treasury, defense, and state. all of those are likely leaving at some point in the next year. is that, michael, a concern at all for president obama that there could be that many top people, especially in national security roles-- that are moving on and you'll have new there? >> it's usually disrupting to have to find replacements and in this environment try to get them confirmed. i think s
to vice-president biden in 2009. biden had the lead for iraq policy. there was a debate on how much to get behind maliki. ambassador hill thought he was the man we had to work with. he thought his challenger did not have a chance. there was a debate in the u.s. government where a vice president biden was in favor of working with maliki as a necessary evil or the man that was going to be there. when there is a crisis, vice president biden calls. his calls seem to have less influence as time has gone on. host: let's go to lincoln on the republican line. caller: i get in contact with many people are around the world. i have a few friends in egypt and kuwait. i am more worried about my friend in kuwait. is there a possibility iraq might reinvade kuwait anytime soon? guest: no. host: what are the current relationships? guest: understand the question because there are still issues. military lacks the capacity to do anything like that. iraq has no air force. that is one reason is so easy for the iranians to fly through their territory. there was an operation in 2008 in basrah that maliki commande
and vice president biden are sitting down with house leaders. the guest list includes harry reid, who this time yesterday said he didn't see any way the fiscal cliff could be avoided. whatever the case, our chief white house correspondent jessica yellin will be watching. what can we really expect to come out of this meeting this afternoon? >> well, alina, we're not sure what really will come out of it. the ideal scenario would be if all sides agree to a scaled-down version of the fiscal cliff agreement that the president and spe speaker boehner had been discussing weeks ago and then senator mcconnell would agree that no republicans would block it in any way if he can promise that. he argues that he can't really make that promise but if e he could then speaker boehner would promise to bring it to a vote on the floor. all sides would shake hands and we'd have a deal before new year's. that seems highly unlikely. but that's what all sides are pushing for today. >> i think we can all agree that tax rates are the biggest sticking point. so what specific issues are your sources saying that
with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new year. and a proposal would delay any spending cuts. the president asked for an up or down vote on his plan unless there is a counter proposal that will pass both the house and senate. a little more than an hour after the meeting began, several participants were seen leaving. >> and back at the capital the senate's democratic majority leader harry reid and republican minority leader mitch mcconnell offered their takes on the meeting. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader, myself and the white house, in the hop
. the decision to buck the dying inouye. senator daniel in a the swearing-in took place yesterday with joe biden. brian schatz becomes the senior senator with the new congress being formed on january the third. on the independent line -- jack on the independent line. caller: good morning. i bet a co-worker that we are going over the fiscal cliff. it is more of a slope than a cliff. it would be a year of complete in activity before we would see the real bite of everything, all of the doom that is being forecasted. i am reminded of erskine bowles and alan simpson. about three weeks ago or four weeks ago, they met with the president and members of congress and discuss their feelings afterwards with the press. erskine bowles said he felt there was a third of a chance that there would be a deal and a third of a chance no deal and a third there would be no deal until after we went past the january 1 deadline. i bet my co-worker the $5 that we were going over because i am thinking if you cannot get a deal for to the house on $1 million and above, to the tax policy center released a report about that ab
word now on the vice president of the united states, joe biden. what will he do if there's a senate vote tonight? stand by. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero hear
and his -- and vice president biden. we offer our expertise. we will work with the congress. i have some experience here. i am the guy that negotiated the child safety lock arrangement with bill clinton. there are things we can do and do now rather than debate endlessly over the things that divide us instead of moving forward on the many things that we're already in agreement on. >> you were -- when you worked for the nra, you were its political director. >> regional political director. >> regardless, you knew a lot about its clout in politics. do you in all candor think that the nra has the kind of clout it did back in the '90s when were you involved in those really high-proo file debates, for like safety locks, assault bans and so on. >> when i did the chaft safety lo locks, i was representing the nra. it's not about clout. what the nra does so well is organize and motivate their people to get out in elections. arguing against what they do, you are arguing against democracy. we're in this fight together, instead of dwighting america, let's come together for a change. we can. >> i want
force led by vice-president joe biden has been established to find ways to curb gun violation. lawmakers are back on capitol hill. but are they any closer to reaching an agreement, aimed at heading off a fiscal meltdown? let's ask them. we have two congressmen here. gentlemen, welcome to you both. >> good to be here. >> shannon: congressman kucinich, the spending side, do you feel there are areas where the government could cut as part of this negotiation in process? >> certainly, i have been arguing for years, we could cut spending at the pentagon. there are a lot of programs that are wasteful. we could stop the expansion of a war into the middle-east. that would save a lot of money. it is not that difficult to cut spending. the problem is that we have a manufactured crisis. they are trying to manufacture consent for a deal that would be otherwise unacceptable. so the members of congress and the american people. i don't think many people are thinking about having to watch what is going on in congress on new year's eve. we govern 365 days a year -- or should and this is a sign that the tw
in the second term be spending more time out raising money for other democrats or maybe vice president biden if he decides to run rather than being in the white house doing the work that he was elected to do? caller: i believe if a president -- if president obama is out there campaigning, he's doing it for the american people, simple as that. guest: the caller hit some important point. campaigning is very much a means to an end. presidents don't capability -- campaign cause they don't do their job. they believe it will help them do their job more effective. and campaigning, a president with a second term can get closer to that more perfect union. they're in a stronger position to intact his priorities. so it's certainly the case that campaigning is part of the process. and if hamilton were here today, who knows what he would say but perhaps he could echo the sentments that he would keep the presidents in closer touch with the people. one thing is spending too much time in a white house or being out of touch with the people so when presidents are taking their case to the people, you could arg
to allow any taxes for revenues whatsoever. we had meetings with the vice president biden and cantor. he walked out of it. he's the majority leader in the house. we had this supercommittee and they were doing good things. good things. dealing with entitlements and revenues and a week before they were to report, by virtue of a statute, i get a letter signed by virtually every republican, too bad about the supercommittee. we're not going to do anything with revenues. >> okay. i think that's a good place to end this. what you're hearing is the history of what has happened to bring us to this point. i want to bring in our congressional correspondent dana bash. dana, i was just sitting here imagining someone turning on their tv thinking, what a these people talking about? and i think i would sort of boil it down to this. when they are talking on the floor, that's never a good sign. they should be talking in a back room. they have gotten nowhere. we are where we are and nobody has agreed on to come up with something. >> reporter: that is right, candy. this is the kind of stuff that we watch an
at a deadline at inauguration. in joe biden's language, will the fever break by the time the president is sworn in again for his second term? because if it doesn't, then whatever you see in the first week of trading now is going to be nothing, nothing compared to how global markets will react come the end of january. >> there's obviously a new congress coming in. does the composition in the new congress, can anybody figure out what happens there? >> well, i mean, numerically, it's more favorable to democrats, right? the house will still be controlled by john boehner. so you still have that divided congress. but the calculation is not, you know, a numerical one. it's the idea that if they go home -- first if they go home for christmas break, they'd feel the pressure, but it doesn't seem like that's coming. if they go over the cliff and they do mess with the debt ceiling, that people are going to get freaked and spooked because you'll start hearing stories about social security recipients facing the prospect of smaller checks from the government, unemployment insurance completely dried up, payrol
Search Results 0 to 27 of about 28 (some duplicates have been removed)